Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, Jun. 28 (SMM) – Traded prices of spot aluminum in Shanghai were between RMB 15,400-15,430/mt on Thursday, and low-iron aluminum was traded between RMB 15,500-15,520/mt in Shanghai. SHFE current-month aluminum contract price rallied to RMB 15,400/mt, up RMB 200/mt, raising selling interest of cargo holders, but downstream buyers rarely inquired due to tight cash flows. Thus, spot aluminum prices did not rise along with SHFE aluminum prices, causing spot discounts expanding to RMB 30/mt. Trading remained light.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn